The diamonds are worldwide classified on the basis of the 4c (cut, clarity, color, and carat).Technavio Analyst forecast the global diamond jewelry market to grow at a CAGR of 3.19% over the period 2015-2019. The US dominated the global diamond Jewelry market with a share of 45.99% in 2014, and the country is expected to maintain its dominance during the forecast period.
Covered in this report
This report covers the present scenario and the growth prospects of the global diamond Jewelry market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the retail sales of diamond Jewelry in the market.
On the basis of type of product, the global diamond Jewelry market has been segmented as follows:
Rings Necklaces Earrings Bangles Pendants On the basis of sales format, the global diamond Jewelry market has been segmented as follows:
Speciality stores Department stores Discounters Online retailers Others (Catalogues and TV commercials) On the basis of geography, the global diamond Jewelry market has been classified into the following segments:
US China India Japan Gulf ROW In addition to this, an overview of the five force analysis, the vendor landscape and corresponding detailed analysis of the major market vendors are also covered in the report. The report also covers the major drivers that influence the growth of the market and the challenges faced by vendors and the market. It also outlines the key trends emerging in the global personal luxury goods market during the forecast period.
Buccellati ChowTai Fook De Beers Harry Winston Other prominent vendors
A & D Gem Corporation Arihant Jewellers B. Vijaykumar & Co. Blue Nile Buccellati Jewelers Chanel Compagnie Financire Richemont Dora International Fame Diamonds Gemco Designs Graff Diamonds J.B. And Brothers Joyalukkas Kirtilals Laxmi Diamonds Suashish Diamonds Su-raj Diamonds and jewelry Tara Jewels Tiffany Titan Tribhovandas Bhimji Zaveri Vaibhav Global Key market driver
Rise in demand from the emerging markets For a full, detailed list, view our report Key market challenge
Fluctuating prices of diamond Jewelry due to rise in cost of mining For a full, detailed list, view our report Key market trend
Rising preference for branded Jewelry For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be What are the key market trends What is driving this market What are the challenges to market growth Who are the key vendors in this market space What are the market opportunities and threats faced by the key vendors What are the strengths and weaknesses of the key vendors
Technavio Announces the Publication of its Research Report – Global Diamond Jewelry Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Diamond jewelry Market: Buccellati, ChowTai Fook, De Beers and Harry Winston
Other Prominent Vendors in the market are: A & D Gem Corporation, Arihant Jewellers, B. Vijaykumar & Co., Blue Nile, Buccellati Jewelers, Chanel, Compagnie Financière Richemont, Dora International, Fame Diamonds, Gemco Designs, Graff Diamonds, J.B. And Brothers, Joyalukkas, Kirtilals, Laxmi Diamonds, Suashish Diamonds, Su-raj Diamonds and jewelry, Tara Jewels, Tiffany, Titan, Tribhovandas Bhimji Zaveri and Vaibhav Global
Commenting on the report, an analyst from Technavio’s team said: “The rising preference for branded diamond jewelry presents a growth opportunity for diamond jewelry retailers both in developed and developing countries across the world. Consumers worldwide prefer branded products and services as a brand reduces the consumer’s risk of making a wrong purchase.”
According to the report, pre-purchase touch points such as advertisements, magazines, and websites help increase the sales of diamond jewelry. Before investing huge amounts of money on diamond jewelry, some consumers have a look at websites of companies to learn about jewelry quality, prices, and also for the pre-selection of designs. They also look at reviews from magazines.
Further, the report states that the growth of the market is curtailed by some serious challenges such as imitation diamond jewelry available in the market and the rising cost of mining.
Buccellati, ChowTai Fook, De Beers ,Harry Winston, A & D Gem Corporation, Arihant Jewellers, B. Vijaykumar & Co., Blue Nile, Buccellati Jewelers, Chanel, Compagnie Financière Richemont, Dora International, Fame Diamonds, Gemco Designs, Graff Diamonds, J.B. And Brothers, Joyalukkas, Kirtilals, Laxmi Diamonds, Suashish Diamonds, Su-raj Diamonds and jewelry, Tara Jewels, Tiffany, Titan, Tribhovandas Bhimji Zaveri and Vaibhav Global